Dave & Buster’s to launch real-money betting on arcade games

Dave & Buster’s to launch real-money betting on arcade games

Dave & Buster’s, the popular arcade chain, is set to revolutionize its gaming experience. They are introducing real-money betting for its loyalty members. Starting in the upcoming months, adults aged 18 and over will be able to place wagers on arcade games. Thus, leveraging a new feature on the company’s app.

This innovative move aims to enhance customer engagement. It will allow patrons to bet on games like Hot Shots basketball or Skee-Ball competitions. The functionality will enable users to stake up to $5 on various arcade games. As a result, potentially increasing the time and money they spend at Dave & Buster’s venues.

Founded in 1982, Dave & Buster’s has expanded to over 222 locations across North America. D&B boasts a diverse range of entertainment options from bowling to virtual reality. The chain reported having five million loyalty members and attracting 30 million visitors annually. As a result, their stock has risen over 50% in the past year.

The betting feature is part of a broader strategy to integrate more digital gamification into the customer experience. That is similar to the engagement seen in sports betting. Dave & Buster’s is collaboration with Lucra, a gamification software company. This signifies a major step towards blending technology with traditional arcade gaming.

Lucra, launched in 2019 by Stanford alumni Dylan Robbins and Michael Madding, specializes in real-money competitive gaming applications. Their platform offers a legal alternative to traditional gambling by focusing on skill-based competitions, which are less regulated.

The upcoming betting feature at Dave & Buster’s is set to not only increase the entertainment value but also align with the rising trend of social betting.

Source: CNBC

Dave & Buster’s to launch real-money betting on arcade games

The post Dave & Buster’s to launch real-money betting on arcade games appeared first on Hip Hop Vibe.

source https://hip-hopvibe.com/news/dave-busters-to-launch-real-money-betting-on-arcade-games/